seafarer124 (OP)
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October 10, 2013, 06:16:27 AM |
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The sites that offer free BTC, small amounts, be of benefit to poorer people around the world?
I realise that they would need access to a computer/smartphone/tablet to produce the free BTC.
If say, a family in one of the poorer countries spent a fair amount of time collecting the coins and adding them to a wallet it could possibly create a reasonable amount.
I realise there would not be a great deal of value at the current price, but what about in the future, could possibly be quite a little gold mine as the BTC price increases.
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Johnny Bitcoinseed
Full Member
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Activity: 154
Merit: 100
Johnny Bitcoinseed
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October 10, 2013, 12:17:35 PM |
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I believe in the long run the only real way to help the poor is to enable them to help themselves. By providing a stable currency that everyone has access to, that isn't confiscated by government or civilian thugs (often one and the same), some of the barriers to free trade and prosperity are lifted.
Rather than as a mere investment opportunity, btc really shines as a medium of exchange that greases the wheels of trade.
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Birdy
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October 10, 2013, 01:36:00 PM |
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The sites that offer free BTC, small amounts, be of benefit to poorer people around the world? If you mean those faucets websites, no probably not. They give so small amounts that it isn't even worth the electricity costs and transaction costs for all those small transactions.
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countryfree
Legendary
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Activity: 3066
Merit: 1047
Your country may be your worst enemy
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October 10, 2013, 01:43:41 PM |
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Let's add that faucets will not last. You just can't give money way forever.
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I used to be a citizen and a taxpayer. Those days are long gone.
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Birdy
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October 10, 2013, 01:44:59 PM |
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Let's add that faucets will not last. You just can't give money way forever.
They don't give away free money. They give you a part of the money gained from the advertisements.
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alkaz
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October 10, 2013, 03:00:03 PM |
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Let's add that faucets will not last. You just can't give money way forever.
They don't give away free money. They give you a part of the money gained from the advertisements. true, very true
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countryfree
Legendary
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Activity: 3066
Merit: 1047
Your country may be your worst enemy
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October 10, 2013, 10:26:27 PM |
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Let's add that faucets will not last. You just can't give money way forever.
They don't give away free money. They give you a part of the money gained from the advertisements. Faucets were without ads last year. They're all gone now, and ads supported faucets won't survive them long.
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I used to be a citizen and a taxpayer. Those days are long gone.
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terman45x
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October 10, 2013, 10:40:57 PM |
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I realise there would not be a great deal of value at the current price, but what about in the future, could possibly be quite a little gold mine as the BTC price increases.
It is possible, but the poor people need money today to survive. And the faucet amounts are just to try out the bitcoin, not enought for buying anything really
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CBitz
Newbie
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Activity: 28
Merit: 0
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October 10, 2013, 10:46:50 PM |
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I believe in the long run the only real way to help the poor is to enable them to help themselves.
This. IMO, the BTC community needs more places like Sean's Outpost, which not only helps poorer people, but also employs them and teaches them skills. I don't think an individual would ever be able to generate enough free BTCs to create long-term change for themselves and their families.
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illpoet
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October 11, 2013, 02:17:57 AM |
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Tym's Get Rich Slow scheme: plse send .00001 to btc: 1DKRaNUnMQkeby6Dk1d8e6fRczSrTEhd8p ltc: LV4Udu7x9aLs28MoMCzsvVGKJbSmrHESnt thank you.
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Birdy
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October 11, 2013, 02:29:10 AM |
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Yes, the article that mentioned not achievable and false amounts in Bitcoin earnings and later (after most people already read it) corrected the numbers so the article doesn't make sense anymore. Horrible journalism.
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